StrateSphere, LLC today announced the appointment of Atul Saxena as Portfolio Group President and Dr. Magdi Ahmed Abdul Hafez as Executive Vice President of Education.

Saxena, who joined StrateSphere in 2009, has more than 30 years of experience in Information Technology, and 15 years in the insurance industry. Mr. Saxena linked with Fiserv in 2004 with the acquisition of Results International Systems (RIS) that he co-founded in 1994 and helped build into an award-winning leader in the delivery of innovative solutions and outsourcing to the insurance industry. As Portfolio Group President, Saxena will be responsible for company operations support, development of new ventures and project management.

“As StrateSphere’s growth continues, Mr. Saxena will further our efforts to help small and medium-sized enterprises leverage their resources to maximize value and optimize performance – especially in emerging markets with complex operational needs which can keep a business from getting off the ground,” said StrateSphere Founder and Managing Director Tariq Farwana.

StrateSphere also appointed Dr. Magdi Ahmed Abdul Hafez as Executive Vice President of Education. Dr. Hafez is an internationally known higher education and workforce development expert who initiated and managed successful higher education institutions and national higher education projects in the Gulf Cooperation Council (GCC) countries. Dr. Hafez will be based in StrateSphere’s Middle East office.

“In a global, knowledge-based economy, higher education skills are critical in establishing and sustaining the talent which helps a business succeed in the market,” said Farwana. “Dr. Hafez will be a great resource to execute our knowledge transfer strategy to localize know how and create sustainable high-growth in emerging global markets.”

StrateSphere, LLC
StrateSphere’s Enterprise Development platform is an innovative business model that evolves the traditional venture capital model by blending it with aspects of management consulting, providing a synergistic and comprehensive offering that enables small-to-medium size enterprises (SMEs) to focus on what they do best in their business, while capitalizing on their potential in local and global markets. StrateSphere has offices in the U.S., Middle East and India.
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